Russia & China’s new bid to scrap sanctions on North Korea will likely be blocked by the US. But it could relieve nuclear tensions

Russia and China have launched a new joint bid to slash sanctions against North Korea, circulating a draft resolution at the UN Security Council. Everyone agrees it is very unlikely to pass, but that’s no reason to ignore it. … Read More >Russia & China’s new bid to scrap sanctions on North Korea will likely be blocked by the US. But it could relieve nuclear tensions

US Treasury imposes sanctions against Iran’s Revolutionary Guard commanders, companies over alleged drone attacks on ships

The US Treasury has slapped sanctions on two Iranian generals and firms over their involvement in the Islamic Republic’s drone program which, according to Washington, led to attacks on ships, including the Mercer Street tanker. … Read More >US Treasury imposes sanctions against Iran’s Revolutionary Guard commanders, companies over alleged drone attacks on ships

America’s obsession with divisive political sanctions is rapidly undermining the dollar’s position as the world’s reserve currency

Economists say among themselves, “Never hesitate to state the obvious.” Russian President Vladimir Putin has clearly taken that advice to heart by explaining to an American reporter that US sanctions are an act of self-harm. … Read More >America’s obsession with divisive political sanctions is rapidly undermining the dollar’s position as the world’s reserve currency

Nord Stream 2 pipeline won’t face further sanctions now construction is complete, as US backtracks on policy, Politico reports

A wave of new impending sanctions aimed at Moscow will reportedly not target the Russian-backed Nord Stream 2 pipeline, with the Kremlin expressing hope that relations with the US could recover in the wake of negotiations. … Read More >Nord Stream 2 pipeline won’t face further sanctions now construction is complete, as US backtracks on policy, Politico reports

US Democrats demand sanctions against 35 Russians, including prime minister & Putin’s spokesman, alleging ‘human rights abuses’

A proposed amendment to the US Pentagon funding bill demands that the White House sanction 35 Russian citizens for alleged human rights abuses, including the prime minister, Moscow’s mayor and President Vladimir Putin’s spokesman. … Read More >US Democrats demand sanctions against 35 Russians, including prime minister & Putin’s spokesman, alleging ‘human rights abuses’

Iran tells US to drop ‘addiction to sanctions’ after Iranians blacklisted over alleged kidnapping plot of journalist

Iran’s Foreign Ministry has said the US is resorting to “Hollywood scenarios” in order to justify new sanctions against Tehran. Washington blacklisted Iranians accused of planning to kidnap a journalist in New York. … Read More >Iran tells US to drop ‘addiction to sanctions’ after Iranians blacklisted over alleged kidnapping plot of journalist

American efforts to stop Nord Stream 2 have failed & gas pipeline will be completed in next few days – Russian foreign minister

Years of economic sanctions and political efforts from Washington have come to nothing, and work on the Nord Stream 2 gas pipeline is now nearing the final stages of completion, Russia’s Foreign Minister Sergey Lavrov has said. … Read More >American efforts to stop Nord Stream 2 have failed & gas pipeline will be completed in next few days – Russian foreign minister

Raisi sworn in as Iran’s new president, demands lifting of US sanctions amid ongoing tensions with West

Ebrahim Raisi has been sworn in as Iran’s new president, with the ultraconservative cleric calling for US sanctions against the Islamic republic to be lifted as tensions between Tehran and the West continue. … Read More >Raisi sworn in as Iran’s new president, demands lifting of US sanctions amid ongoing tensions with West